Wellington Management Group LLP Makes New $8.48 Million Investment in Global X Copper Miners ETF $COPX

Wellington Management Group LLP purchased a new stake in Global X Copper Miners ETF (NYSEARCA:COPX) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 110,180 shares of the company’s stock, valued at approximately $8,481,000. Wellington Management Group LLP owned 0.12% of Global X Copper Miners ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Modern Wealth Management LLC grew its holdings in Global X Copper Miners ETF by 3.9% in the first quarter. Modern Wealth Management LLC now owns 4,690 shares of the company’s stock valued at $367,000 after purchasing an additional 177 shares during the period. AlphaCore Capital LLC raised its stake in Global X Copper Miners ETF by 18.4% during the fourth quarter. AlphaCore Capital LLC now owns 1,288 shares of the company’s stock worth $95,000 after purchasing an additional 200 shares during the period. Tactive Advisors LLC raised its stake in Global X Copper Miners ETF by 1.0% during the second quarter. Tactive Advisors LLC now owns 24,695 shares of the company’s stock worth $1,901,000 after purchasing an additional 245 shares during the period. Hollencrest Capital Management boosted its holdings in shares of Global X Copper Miners ETF by 83.4% in the 1st quarter. Hollencrest Capital Management now owns 609 shares of the company’s stock valued at $46,000 after purchasing an additional 277 shares during the last quarter. Finally, AdvisorNet Financial Inc boosted its holdings in shares of Global X Copper Miners ETF by 86.1% in the 1st quarter. AdvisorNet Financial Inc now owns 629 shares of the company’s stock valued at $48,000 after purchasing an additional 291 shares during the last quarter.

Global X Copper Miners ETF Stock Up 4.1%

Shares of NYSEARCA COPX opened at $94.38 on Wednesday. The stock has a market capitalization of $8.75 billion, a PE ratio of 18.04 and a beta of 1.10. The firm has a fifty day moving average of $83.72 and a 200-day moving average of $83.10. Global X Copper Miners ETF has a 52-week low of $51.41 and a 52-week high of $99.99.

Global X Copper Miners ETF Company Profile

Global X Copper Miners ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Copper Miners Index. The Solactive Global Copper Miners Index is designed to reflect the performance of the copper mining industry. It is comprised of common stocks, American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) of selected companies globally, which are engaged in some aspect of the copper mining industry such as copper mining, refining or exploration.